Mali (MLI) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Mali-Ecuador Trade: In 2022, Mali exported $48.8k to Ecuador. The main products that Mali exported to Ecuador were Microphones and Headphones ($20.3k), Other Measuring Instruments ($20.2k), and Other Electrical Machinery ($4.78k). Over the past 5 years the exports of Mali to Ecuador have increased at an annualized rate of 9.31%, from $31.3k in 2017 to $48.8k in 2022.

In 2022, Mali did not export any services to Ecuador.

Ecuador-Mali In N/A, Ecuador did not export any products to Mali.

In 2022, Ecuador did not export any services to Mali.

Comparison: In 2022, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B). That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mali exported $48.8k to Ecuador. The main products exported from Mali to Ecuador were Microphones and Headphones ($20.3k), Other Measuring Instruments ($20.2k), and Other Electrical Machinery ($4.78k). During the last 5 years the exports of Mali to Ecuador have increased at an annualized rate of 9.31%, from $31.3k in 2017 to $48.8k in 2022.

Ecuador does not register exports to Mali.

Exports from Mali () to Ecuador () (2022)

Exports from Ecuador () to Mali () (2022)

Latest Data

Trade between Mali () and Ecuador ()

Ecuador Exports

Date

Jun 2018

Jun 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$5.57B

Ecuador
Top DestinationUnited States$9.86B

This map shows whether countries import more from Mali or Ecuador. Each country is colored based on the difference in imports they receive from Mali and Ecuador or the difference in the growth in imports.

In 2022, countries that imported more from Mali than Ecuador included United Arab Emirates ($5.57B), Switzerland ($1.26B), and Australia ($405M).

In 2022, countries that imported more from Ecuador than Mali included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

Difference in imports from Ecuador () and Mali () (2022)

Comparative Advantage Mali - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Mali and Ecuador by product, considering products traded by both, Mali and Ecuador.

During 2022, Mali had a large net trade with Ecuador in the exports of Machines ($28.2k), Instruments ($20.6k), and Plastics and Rubbers ($24).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Ecuador+$1.79kRaw Cotton

Top Product Potential Ecuador Mali+$3.69kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Mali and Ecuador. This means that a dot/product with the flag of Mali indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Mali.

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Ecuador () (2022)

Exports from Ecuador () to Mali () (2022)

Latest Data

Trade between Mali () and Ecuador ()

Ecuador Exports

Market Competitiveness

Difference in imports from Ecuador () and Mali () (2022)

Comparative Advantage Mali - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and Ecuador () (2022)

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